RT-Mali Pivots & STD Liquidation Levels

The Mali Pivots indicator is a tool that is able to highlight support and resistance levels in relation to the 9,10,11,12,13 and extended Mali Counts of the trending price action. While numerous traders trade these counts, this tool is unique in that it continues counting past these base levels and will mark extended runs coming to an end with a vertical Red or Green Column.
The indicator identifies levels based on both 9,10,11,12,13 and extended Mali Counts, but splits them into both Support and Resistance levels and marks each level with a horizontal pivot. The level being Support/Resistance can be determined by the colors of the pivot. In addition, note that these pivot styles and colors can be edited in the tool settings.
How It Works
This calculation is based on the value of the current close compared to the close that happened four candles back.
When a count reaches important thresholds for the Mali Count, the indicator will:
- Label the candle with the current Mali Count.
- Draw a horizontal pivot at those important Mali Count price levels.
- Mark extended runs with a vertical red or green column when trends keep pushing beyond the minimum Mali Counts.
At the core of the Mali Pivots Indicator is a tool that counts candles of a trend. Conceptually, it:
- Compares the current close to the close a few candles back to determine if the trend is still pressing in the same direction.
- Increments an internal Mali Count as long as the trend condition continues.
- Resets the Mali Count when the condition fails.
Each completed important Mali Count leaves behind a horizontal pivot that acts as a reference level on the chart. These pivots are split into support and resistance:
- Bullish Mali Counts leave pivots that often behave as support when price trades back into them from above.
- Bearish Mali Counts leave pivots that often behave as resistance when price trades back into them from below.
One of the unique aspects of Mali Pivots is that it continues counting beyond the typical 9,10,11,12 and 13 thresholds. When a trend keeps running and the internal Mali Count reaches extended levels, the indicator can highlight that area with a vertical red or green column.
These extended markers are designed to draw attention to trend legs that have pushed well beyond the usual Mali Counts. In many cases, these zones coincide with areas where trends begin to stall, consolidate, or reverse, but they should still be treated as context rather than automatic reversal signals.
Scalp Trading Zone
Some traders use Mali Pivots to frame shorter term trades between nearby support and resistance pivots. On example charts, this is sometimes called a “scalp trading zone” where:
- Active support and resistance pivots outline a defined price range.
- Traders can study how price reacts inside that zone before deciding if they want to participate.
Mali Pivots Indicator includes a focused set of settings so traders can tune its visuals to their own charts:
Standard Liquidation Levels
- Liquidations On/Off - Toggles the tool on and off.
- Dark Mode On/Off - Allows users to use settings for light/dark backgrounds.
Mali Pivots - General Settings
- Pivots Toggle - Toggles the Mali Pivots on and off.
- Candle Color Toggle - Toggles the Candle Marker on and off.
Mali Pivots - Mali Count Settings
- 9/10/11/12/13 Number Toggle - Allows traders to turn off and on specific number displays on their chart.
Mali Pivots - Extended Run Exhaustion
- Extended Bearish/Bullish Trend Stop Toggle - Allows traders to control which extended run markers they want displayed on their chart.
Mali Pivots - Color Settings
- All Color Options - Allows traders to customize the coloring of the tool to match their specific requirements.
How Traders Commonly Use Mali Pivots
- Tracking where important Mali Counts have completed in the past and how price reacts when it revisits those levels.
- Using pivots and extended columns as context when combining Mali Pivots with other tools such as RT-Main Indicator, volume, or broader market structure.
- Reviewing historical Mali Counts in Replay mode to better understand how different assets behave around completed Mali Counts and extended runs.
What Makes This Tool Different
Mali Pivots differs from simple counting tools in a few key ways:
- It tracks both the standard Mali Counts and extended Mali Counts that continue beyond the normal levels.
- It converts Mali Count completions into horizontal pivots that can act as long lived support or resistance references.
- It visually distinguishes extended trends with vertical columns so unusual runs are easy to spot on the chart.
This indicator also includes a simple liquidation level tool that projects where potential Longs and Shorts are vulnerable to being liquidated. This tool measures the base of the volume in the displayed candles and projects the following levels:
- 5X Liquidation Level - Longs & Shorts
- 10X Liquidation Level - Longs & Shorts
- 25X Liquidation Level - Longs & Shorts
- 50X Liquidation Level - Longs & Shorts
Mali Pivots and Standard Liquidation Levels are intended to provide additional context around the trend's Mali Counts, support, and resistance. It is not a standalone signal generator and should always be used together with your own analysis, testing, and risk management. Historical trends and pivot reactions do not guarantee future results.
🐋 Tight lines and happy trading!
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TradingView NO recomienda pagar por un script ni utilizarlo a menos que confíe plenamente en su autor y comprenda cómo funciona. También puede encontrar alternativas gratuitas y de código abierto en nuestros scripts de la comunidad.
Instrucciones del autor
Exención de responsabilidad
Script que requiere invitación
Solo los usuarios aprobados por el autor pueden acceder a este script. Deberá solicitar y obtener permiso para utilizarlo. Por lo general, este se concede tras realizar el pago. Para obtener más información, siga las instrucciones del autor que se indican a continuación o póngase en contacto directamente con RainbowRunner144.
TradingView NO recomienda pagar por un script ni utilizarlo a menos que confíe plenamente en su autor y comprenda cómo funciona. También puede encontrar alternativas gratuitas y de código abierto en nuestros scripts de la comunidad.